End of memecoin season by Vitalik Buterin or not?

[devollito]

Those coin above i call it "Fork of Joke Coin" and it must ended sooner or latter. I advice people not to buy such coin. You will lose your money anytime. Better start feeding bitcoin marketcap. And vitalik did the right thing by throwing away joke token. He dont need it.

[Chathusand]

This was bound to happen sooner or later. MEME coins were gaining ground on the market, and someone had to intervene. May be this mission was assigned to a Vitalik Buterin. He performed admirably. Despite the fact that many people are upset about the vitalik buterine, the MEME coins have become annoyingly popular, which is not cool.

[xiboothrezi]

Those coin above i call it "Fork of Joke Coin" and it must ended sooner or latter. I advice people not to buy such coin. You will lose your money anytime. Better start feeding bitcoin marketcap. And vitalik did the right thing by throwing away joke token. He dont need it.

this is just a game and a joke, but when there are influencers who promote it then it will become popular and affect many people's perceptions so that the market moves along.
scammers and fraudsters take advantage of this moment to attract attention, the target is new users and ordinary people who are fomo because they missed the previous popular meme coin. unfortunately this is just a trap. coinmeme was created for instant profit, by utilizing the community or influencers, so if the support of the influencer and the community is lacking then it will be nothing, and end up being a real joke.

[Slow death]

The market is too overheated FOMO, this will only lead to losses and seas of blood.

the market has already recovered but the problem is that this recovery was only on the bitcoin side, altcoins are having a big price drop against bitcoin pair - altcoin but this can also be a good chance people buy altcoins now and wait when bitcoin price stagnates in a zone, at that time altcoins will be able to easily make profits of more than 2X

this is just a game and a joke, but when there are influencers who promote it then it will become popular and affect many people's perceptions so that the market moves along.

It's sad what you see in this cryptocurrency market, someone wakes up and creates altcoin named after a Japanese fish or a dog name and so many people buy the coin making the coin creator become rich

[TelolettOm]

The end of Memecoin is like other hype coins, it happens when something new is coming and booming more than those meme coins. that is the NFT games.
Sof ar, NFT games are the most popular tokens and coins with their interesting utility.
Once it has been increasing and rising up more than other altcoins.
S far, we know that meme coins like Shiba Inu follow Doge, and once Doge is none, it will also decrease the value of other meme coins. Moreover, a meme coin is just a meme, so it may not offer very high value.

[Mahanton]

Those coin above i call it "Fork of Joke Coin" and it must ended sooner or latter. I advice people not to buy such coin. You will lose your money anytime. Better start feeding bitcoin marketcap. And vitalik did the right thing by throwing away joke token. He dont need it.

this is just a game and a joke, but when there are influencers who promote it then it will become popular and affect many people's perceptions so that the market moves along.
scammers and fraudsters take advantage of this moment to attract attention, the target is new users and ordinary people who are fomo because they missed the previous popular meme coin. unfortunately this is just a trap. coinmeme was created for instant profit, by utilizing the community or influencers, so if the support of the influencer and the community is lacking then it will be nothing, and end up being a real joke.

We know that this market could really be that highly reactive when it comes  to trends and news and if a certain known person or influential would recommend something then it turns out that it would
really be making up some noise and this what happened on meme coins  when Elon had tried to shill out or support Dogecoin on where it did  really make out some  significant interest on the market
and turns out that other meme coins had really do the same and there are lots of new meme coins had popped  out in the market like mushrooms.
Ending of the season? It is already happening because it did turn out to  be quiet already.

[irsada]

The end of Memecoin is like other hype coins, it happens when something new is coming and booming more than those meme coins. that is the NFT games.
Sof ar, NFT games are the most popular tokens and coins with their interesting utility.
Once it has been increasing and rising up more than other altcoins.
S far, we know that meme coins like Shiba Inu follow Doge, and once Doge is none, it will also decrease the value of other meme coins. Moreover, a meme coin is just a meme, so it may not offer very high value.

But still there are people who make coin memes even though they are no longer sold in the market.
that's how the market is today memes are made just for gimmicks.
nothing is profitable anymore, everything newly listed on coinecko or CMC is no progress and the price keeps dropping.

[odukoyaewatomi27]

What Vitalik did by selling off these meme coins and donating it to Covid relief in India is really admirable in my opinion. First of all the meme coins creators were trying to leverage the influence of Vitalik to promote their coins which provide no known value. So if Vitalik had held unto the coins or used it for personal uses, then it would have been some sort of endorsement for a project he has no connection with.

[ene1980]

~
It's sad what you see in this cryptocurrency market, someone wakes up and creates altcoin named after a Japanese fish or a dog name and so many people buy the coin making the coin creator become rich

This is going on for a long time and so is the reason some of the project developers are anonymous because they keep on changing with their ideas and they usually copy other source code and launch their own coin and in the end when everything is set and done the developer will be making millions and they move on to the next one.

[CaVO32]

~
It's sad what you see in this cryptocurrency market, someone wakes up and creates altcoin named after a Japanese fish or a dog name and so many people buy the coin making the coin creator become rich

This is going on for a long time and so is the reason some of the project developers are anonymous because they keep on changing with their ideas and they usually copy other source code and launch their own coin and in the end when everything is set and done the developer will be making millions and they move on to the next one.

And gullible investors keep on buying these worthless tokens. These crappy projects will not grow like mushrooms if there are no naive buyers. However, people are patronizing this kind of hype so these "developers" keep on creating crap projects. And then, people are blaming this scamming technique, but what we can do, is to be more cautious with our investments. Because they don't care if you are screwed as they all want is to get more money for their pockets.

[finaleshot2016]

~
It's sad what you see in this cryptocurrency market, someone wakes up and creates altcoin named after a Japanese fish or a dog name and so many people buy the coin making the coin creator become rich

This is going on for a long time and so is the reason some of the project developers are anonymous because they keep on changing with their ideas and they usually copy other source code and launch their own coin and in the end when everything is set and done the developer will be making millions and they move on to the next one.

And gullible investors keep on buying these worthless tokens. These crappy projects will not grow like mushrooms if there are no naive buyers. However, people are patronizing this kind of hype so these "developers" keep on creating crap projects. And then, people are blaming this scamming technique, but what we can do, is to be more cautious with our investments. Because they don't care if you are screwed as they all want is to get more money for their pockets.

Some of them are whales who profit from people who buy meme coins since it's easy money for them. You'll need to do a lot of research or bought during pre-sale or whitelisted on a private sale to avoid being roughed up by the developers or exploited by the whales. The developers are the ones who benefit the most from these meme coins because I personally know some people who develop shitcoins and make a lot of money by simply spending time developing and promoting them so that a lot of people will buy it.